Grammer Agrees to Chinese Partner’s $889 Million Takeover Offer
EVENTS AAAQA to develop the Automotive Aftermarket QMS Standard Grammer AG agreed to a buyout offer by affiliates of Chinese partner Ningbo Jifeng Auto Parts Co. that values the German maker of vehicle seats at about 770 million euros ($889 million). The minimum acceptance threshold for the deal is 50 percent of Grammer’s stock plus […]
Grammer Agrees to Chinese Partner’s $889 Million Takeover Offer Read More »
